10 Hastings Lane
About This Property
-20 inch travertine tile
-updated kitchen with granite in kitchen with 20 foot stone wall, reverse osmosis water system
-Granite in bathrooms
-2 car auto garage
-Cathedral vaulted ceilings
-Roman tub in master
-Complete home Hurricane shutters
-HOA mows the lawn
-canal fed automatic sprinkler system
-Community park with walking trails, exercise path, playground, large community heated pool
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017